FITB (Fifth Third Bancorp) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : FITB (Fifth Third Bancorp)

FITB 41.51

-0.3%

Nov 3 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Ross who wrote (38)	7/3/1997 7:40:00 AM
From: Ron Kory	of 68

I'll be honest with you (actually I am always honest with you) and tell you I do not know that much about this company; I did see an interview on CNBC with the CEO and he said that this is the first quarter that they are selling their products so for the first time they will be receiving money instead of just spending money developing their products. They also recently announced some sort of alliance with IBM which seemed to be the catalyst for the stock's upward move. All this is background noise for a stock that exploded off its lows on large volume. You might want to look also at FEN which is a gas stock. One of the few groups that has corrected in the last month, natural gas stocks have done well the last couple of days. FEN (which was FGAS until recently) has not moved the last couple of days but is a high quality company and a couple of months ago there were confirmed reports of large amounts of insider buying. I'll stop myself if it breaks below its recent lows. Happy July 4.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next